T-Mobile fires technicians, network employees
T-Mobile this week laid off several engineering and network employees as part of a restructuring program following the company’s merger with Sprint two years ago.
The number of employees laid off was not disclosed, and no layoff notices were released.
Workers began posting anonymously online about layoffs this week. A T-Mobile spokesman confirmed the layoffs but declined to say how many jobs were being cut or if there were any downsizing at the company’s Bellevue, Washington, headquarters. The spokesman said many workers would be offered various positions at the company.
“These shifts are a result of opportunities we’ve identified to evolve our structure so we can best focus our resources where clients need and want us,” the spokesman said in an email.
T-Mobile’s $26 billion merger with Sprint sparked several rounds of layoffs that affected hundreds of employees. The company has fewer employees than before the merger — from 80,000 in 2020 to 75,000 at the end of fiscal 2021.
Former T-Mobile CEO John Legere said in 2019 the merger would create “new, high-quality, high-paying jobs, and the new T-Mobile will be job-positive from day one and every day thereafter.”
A Morgan Stanley report released on Tuesday noted that T-Mobile could announce a share buyback program in the next quarter if earnings rise and costs related to the merger ease.
The merger of Sprint and T-Mobile will mean the loss of 28,000 jobs, including 4,500 at headquarters, the union said
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